CIVIL ASSIGNMENTS LTD

Executive Summary

CIVIL ASSIGNMENTS LTD is a newly incorporated dormant company with nominal net assets and no trading history. There is no financial data to support creditworthiness or repayment capability, rendering credit approval inappropriate at this stage. Monitoring should focus on signs of operational commencement and improved financial metrics before reconsidering credit exposure.

CIVIL ASSIGNMENTS LTD - Analysis Report

Company Number: 15611051

Analysis Date: 2025-07-29 12:48 UTC

1. Credit Opinion: DECLINE
   CIVIL ASSIGNMENTS LTD is a dormant private limited company with no trading activity, minimal financial data, and only nominal net assets (£1). There is no operating history or financial performance to assess repayment capability or business resilience. The company has just been incorporated in April 2024, and it holds no material assets or cash flow. Given the absence of trading and financial data, extending credit or commercial terms would be highly speculative and unsupported by evidence of financial strength or management track record.

2. Financial Strength:
   The company’s balance sheet shows only £1 in cash and net assets, representing the nominal share capital. There are no fixed assets, receivables, or current liabilities. The dormant status indicates no commercial activity or revenue generation. Shareholders’ funds are minimal, and there is no retained earnings or reserves. Overall, the financial position is extremely weak and lacks substance to support credit risk.

3. Cash Flow Assessment:
   Cash at bank is £1, which is insufficient to cover any operational expenses or debt service. With no trading activity, the company generates no operating cash flow. Working capital is effectively zero, and there is no liquidity cushion. The company’s ability to meet any financial obligations is therefore non-existent.

4. Monitoring Points:

• Future filing of accounts indicating commencement of trading and revenue generation.
• Changes in net assets, cash balances, and working capital indicating operational activity.
• Director or shareholder changes that may affect governance or financial strategy.
• Any credit references or payment performance information upon commencement of business.